Dogecoin Cash plans gold-backed Dogecoin Gold token

Dogecoin Cash Inc. announced it is developing Dogecoin Gold, a planned token designed so that one billion tokens represent one gram of physical gold. The project remains in development; no tokens have been issued and the company has not provided a launch timetable.

The company outlined a framework in which tokens would correspond to precisely defined units of gold held by an independent, institutional-grade precious metals custodian. Tokens would be minted only when gold is delivered into custody and removed from circulation when owners redeem the underlying metal. The firm plans to support nanogram-level precision so that one billion tokens equal one gram.

Management wrote in a statement: “We are evaluating a framework that seeks to integrate verifiable ownership of physical gold with blockchain-based auditability and precision. The objective is to determine whether a system can be structured in which real-world assets, mathematically defined units, and transparent digital infrastructure operate within a disciplined and verifiable environment.”

Dogecoin Cash has not published full technical documentation. Details such as auditing partners, custody providers and on-chain mechanics remain unconfirmed pending technical papers.

Tokenized gold products that denominate units in ounces are already available. Two large examples measure market value against physical gold held in reserve: Tether’s XAUT has an estimated market capitalization around $2.7 billion and Paxos’s PAXG around $2.4 billion. Demand for digital instruments that track bullion has risen as the price of gold reached record highs in recent months.

Dogecoin Cash is not affiliated with the creators or maintainers of the original Dogecoin protocol. The company changed its name from Cannabis Sativa Inc. in late 2024 and previously accumulated a treasury of the BNB Chain meme coin also called Dogecoin Cash (DOG). The firm later said it would hold a separate treasury of the original Dogecoin (DOGE). Dogecoin has historically held the largest market value among meme coins, exceeding $15 billion.

The Dogecoin Gold proposal combines custodial backing, on-chain auditability and redemption mechanics with unusually fine token granularity. The company says technical papers are forthcoming; until they are released, key operational details will remain unverified.